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Integration of China’s Foreigner’s Work Permit with Social Security Card
Starting December 1, 2024, China’s Foreigner’s Work Permit will be integrated into the country’s social security card. This change...


Adjustments to Export Tax Rebates: Implications and Strategic Considerations
On November 15, 2024, the Ministry of Finance (MOF) and State Taxation Administration (STA) announced adjustments to export tax rebates,...


Annual Confirmation for IIT Special Additional Deductions 2025 Deadline Approaching
From December 1, 2024, the annual confirmation process for individual income tax (IIT) special additional deductions begins. Individuals,...


China's New Business Zones and Incentives in 2025: Where U.S. Companies Should Be Looking
As global supply chains recalibrate and emerging technologies reshape global markets, China remains a critical destination — not just for...


A Guide for U.S. Companies Setting Up in China
Expanding into China presents an enormous opportunity for U.S. companies due to the country’s vast consumer market, strong manufacturing...


Recruiting Top Talent in China: Localized Strategies for Employer Branding, Compliance, and Digital Success
In an era of rapid globalization, attracting and retaining top talent in China requires more than just posting job listings. The Chinese...


How to Issue Shares to Shareholders in Hong Kong
Issuing shares is a fundamental aspect of corporate governance and capital management for private companies in Hong Kong. Whether the...


Outsourcing Accounting in China: A Smart Solution for Foreign Businesses
Managing finances in China can be complex, especially for foreign companies unfamiliar with local tax regulations and reporting...


Why Hong Kong Is Still One of the Best Gateways to Asia for American Companies
In a world reshaped by global health crises, shifting political tides, and evolving trade dynamics, it's fair to ask: is Hong Kong still...


EOR- und PEO-Lösungen in China: Lokale Mitarbeiter einstellen ohne eigene Rechtseinheit
Eine Expansion nach China eröffnet enormes Marktpotenzial, stellt ausländische Unternehmen jedoch zugleich vor ein komplexes...


Zahlungen an Lieferanten in Festlandchina von Hongkong aus
Für Unternehmen, die Waren und Dienstleistungen aus Festlandchina beziehen, ist Hongkong seit langem der bevorzugte Standort für ihre...


What Is the Companies Ordinance?
The Companies Ordinance is a critical piece of legislation that governs the formation, operation, and regulation of companies within a...


Transfer of Shares in a Hong Kong Private Company
Transferring shares in a Hong Kong private company is a common practice for various business needs, such as bringing in new investors,...


Financial Analysis and Cost Audits: Enhancing Cost Efficiency in China
Effective cost management is integral to sustaining profitability and growth in a competitive market like China. Financial analysis and...


China Expands Visa-Free Transit to 10-Day Stay with Additional 21 Ports
The National Immigration Administration (NIA) of China has introduced significant changes to its visa-free transit policy, effective...


Hong Kong Public Holidays for 2025
The Hong Kong Special Administrative Region (HKSAR) has announced the official list of general holidays for 2025, offering a total of 17...


Case Study: Streamlining Financial Operations for a Medical Device Company through Woodburn's Accounting Services in Hong Kong
In the ever-evolving medical device sector, companies face significant challenges in managing their financial operations, especially when...


Case Study: Ensuring Compliance and Privacy with Woodburn's Registered Office Address Service Hong Kong
In today's global business environment, companies must navigate various legal requirements to operate efficiently, particularly regarding...


Strategies for International Buyers Sourcing from China
China remains a vital global manufacturing hub, supplying a wide array of goods to international buyers. Despite its rapid economic...


Proposed Amendments to China’s Imported Pet Food Regulations
On November 15, 2024, China’s General Administration of Customs (GAC) released a draft of the amended Measures for the Supervision and...
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